What you need to know on stimulus payments

President Biden has signed the $1.9 trillion stimulus bill, which has a lot included so here's a breakdown of some of the basics. The bill includes direct payments of up $1,400 for individuals making $80,000 or less, heads of households earning $120,000 or less and married couples with a combined income under $160,000. These will be based on the most recent tax return the IRS has on file for you (either 2020 or 2019).
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